06/17/2026
While a large number of people in housing markets that soared during the pandemic era now face selling their homes at a loss, nearly all sellers in the Chicago area are poised to profit.
It’s a complete reversal from the decade before the COVID-19 pandemic, when Chicago frequently led the nation in reports of homeowners being underwater on their mortgages.
For every 25 homes in the Chicago area now listed for sale at above the sellers’ past purchase price, there’s one listed at a loss, according to data posted June 10 on X by Jason Lewris, a co-founder of the residential data analytics firm Parcl Labs, based in New York.
Compare that high proportion of profitable listings to Austin, Texas, where for every 3.2 homes for sale at above the purchase price, there’s one offered for less. Chicago’s proportion of homes for sale at a profit is about eight times that in Austin.
If they have to sell now, about 24% of Austin homeowners list at a loss, while less than 4% of Chicago sellers have to make that angsty choice.
Read more here: https://www.chicagobusiness.com/real-estate/residential/ccb-chicago-home-listings-profit-20260615/?utm_source=facebook&utm_medium=soc-own
